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Increased competition for wheat and barley harvested in Victoria's Mallee and Wimmera has lifted prices by at least $5 per tonne in Australia. Traders are booking grain to send north to New South Wales and Queensland, where Brisbane barley is offered at $360-365 per tonne for January, while growers are reluctant sellers.
Strong northern demand and reluctant grower selling are lifting Australian feed wheat and barley prices, which tightens feed grain availability for buyers in eastern Australia.
graincentral.comGuest AuthorDec 12, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
